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Utah · Through 2026 General Session

Utah Code § 16-1a-708: Appraisal rights.

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Where this section sits in the code
  1. Title 16 Business Entities
  2. Chapter 16-1a Provisions Applicable To All Business Entities
  3. Part 16-1a-7 Merger

(1) As used in this section, "new entity" means a:

(a) merging entity;

(b) converting entity; or

(c) domesticating entity.

(2) An interest holder of a new entity is entitled to an appraisal right in connection with the merger, conversion, or domestication if the interest holder would have been entitled to an appraisal right under the new entity's organic law unless:

(a) the organic law permits the organic rules to limit or eliminate the availability of an appraisal right; and

(b) the organic rules limit or eliminate the availability of an appraisal right.

(3) An interest holder in a new entity is entitled to a contractual appraisal right in connection with the merger, conversion, or domestication to the extent provided in:

(a) the new entity's organic rules;

(b) the plan; or

(c) for a business corporation, an action of the business corporation's governors.

Collected 2026-10-08T05:55:33Z. Source file · JSON

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